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Enscoe Enterprises, Incorporated (EE), has 300,000 shares authorzed, 230,000 shares issued, and 60,000 shares of...

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Accounting

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Enscoe Enterprises, Incorporated (EE), has 300,000 shares authorzed, 230,000 shares issued, and 60,000 shares of treasury stock. At this point. EEI has $980,000 of assets. $130.000 liabilities, $580,000 of common stock, and $270,000 of retained earnings. Further, assume that the market value of EErs common stock is \$7 per share Required o. Determine the number of shares of stock that is outstanding. b. Determine the book value per share c. Provide a tationat explanation for the difference between the book value per share and the market value per share of EEl's common stock Complete this question by entering your answers in the tabs below. Determine the number of shares of stock that is outstanding

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